The terms "Company" or "TotalEnergies company" refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. "I am delighted with this partnership with Global Infrastructure Partners, which is a major player in renewables, particularly in the United States. Many of our long-standing shareholders appreciate the true value of our capital base and the benefits it brings to the broader franchise. We own utilities, rail, ports, offices, hospitals, nursing homes, data centers, residential and industrial properties, and numerous industrial businesses. Our global equity funds continue the Firms tried and tested approach to investing in core and core-plus infrastructure opportunities. Based on the comparable multiples of pure-play, asset-light alternative investment managers, the equity value of our separated asset management business (i.e., our Manager) would likely be in the range of $70 billion to $100 billion (circa $45-$60 per share). It was a 50:50 joint venture between GIP and American International Group (AIG) to acquire London City Airport for an undisclosed sum. Our goal is to deliver strong long-term returns and provide downside protection for our investorsincluding pension plans, endowments, foundations, sovereign wealth funds, financial institutions, insurance companies and individual investors. Vice President Mergers & Acquisitions Since joining GIP, he has helped arrange approximately $100 billion of financings for our portfolio companies. "Company Overview of Global Infrastructure Partners", "Edinburgh Airport sold to Global Infrastructure Partners for 807m", "Edinburgh Airport changes hands to Global Infrastructure Partners", "Global Infrastructure Partners raises record $8.25 billion", "BlackRock Goes $3.7 Billion Deeper Into Pipelines and Power", Lower Thames and Medway Passenger Boat Company, Westminster Passenger Services Association, https://en.wikipedia.org/w/index.php?title=Global_Infrastructure_Partners&oldid=1141531664, Financial services companies established in 2006, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 25 February 2023, at 14:57. The companies in GIPs equity portfolios have combined annual revenues greater than $80 billion and employ approximately 100,000 people. This is a profile preview from the PitchBook Platform. In addition, these investors understand how and what we invest in, and have been comfortable with us making investment decisions with the capital. Brookfield Asset Management Inc. Oxford Economics has also relied on insights and knowledge developed from earlier research into infrastructure spending undertaken in conjunction with PwC. Likewise, the words "we", "us" and "our" may also be used to refer to subsidiaries in general or to those who work for them. Distributable earnings for the full year were a record $6.3 billion. The data from this website is from analysis and modelling by Oxford Economics, who the Global Infrastructure Hub engaged to produce Global Infrastructure Outlook. Further information can be found on GIP's website at www.global-infra.com. (a) partner with low- and middle-income countries to finance infrastructure across key sectors that advances the four key priorities critical to sustainable, inclusive growth: climate and energy. SunPower represents the first investment in distributed energy resources for GIP's leading renewables platform, which includes ownership interests in 18 GW of operating and construction assets and over 120 GW of development pipeline via 9 existing portfolio companies. But for new investors who do not know us as well, this can be more time-consuming to understand. In undertaking this work Oxford Economics drew on information provided by third parties, upon which Oxford Economics has relied on in good faith. We believe that the local presence and technology prowess of Sequoia, and our experience in property and infrastructure, will create a powerful combination for Chinese entrepreneurs as they build out their operations. % Japan is becoming more interesting all the time and we continue to increase our presence there. Select a region to view its investment forecasts. Performance in the stock market was exceptional; a 48% market return (the gain on our stock in 2021) does not happen very often. All rights reserved. More importantly, our franchise is stronger and more durable today than it has ever been. At Global Partners LP, we promise to treat your data with respect and will not share your information with any third party. stream With assets under management at a record-high $582bn, private infrastructure is continuing to grow. WALTHAM, Mass.--(BUSINESS WIRE)-- NEW YORK, May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners (GIP) and TotalEnergies have formed a strategic partnership to advance their commitment to the U.S. renewable energy sector. A link has been emailed to you - check your inbox. As you also know, we privatized our real estate business at around 70% of IFRS values in early 2021 and as planned, have now started to monetize some of the assets at premiums to these same IFRS values. The scale, capabilities and ambition that both GIP and TotalEnergies bring to this partnership will support our shared vision to build industry-leading utility scale and distributed renewables platforms in the U.S." said Adebayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners. It is still early, but with interest rates looking to continue in a low-ish range for longer, this business could become significant to us. All of this drove very strong financial performance across our operations, underpinning the stable and growing distributions we receive. North America: 1-866-989-0311. jBz? This transaction has further increased our presence in the country and opened up new adjacent opportunities. We are conservatively positioned, with very substantial liquidity, to continue to capitalize on the vast number of opportunities we see every day. At the end of 2021, TotalEnergies' gross renewable electricity generation capacity is more than 10 GW. While to date that capital has been one of our great operating strengths, we sometimes hear that it makes it harder for an investor to value Brookfield, as he or she needs to both put a value on our asset-light business and understand our investments. About Global Infrastructure PartnersEstablished in 2006, GIP is one of the world's leading specialist infrastructure investors. We began operations in Beijing in January 2016 and have since grown to 106 approved members worldwide. We are in the final stages of closing our $15 billion Brookfield Global Transition Fund I. Global Partners LP To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. In total, we received $2.2 billion during the year and we expect this to continue increasing in line with the growth in the underlying businesses. (Shair and Partners) Infrastructure Engineering, Building Engineering and Architecture in the Middle East and Africa . By continuing to browse this site, you agree to this use. Free global infrastructure project platform connecting public and private sectors. Chief Financial Officer To be very clear, that excludes the equity capital that we have invested in our businesses, which today is around another $50 billion net (circa $30 per share). GIP has 10 offices around the world with major hubs in New York, Stamford, London, Sydney, Hong Kong and Mumbai. We manage funds across four asset classes - infrastructure, debt investments, listed equities and private equity. An emphasis on diversity and inclusion reinforces our culture of collaboration. Founded in 2006, Global Infrastructure Partners is an infrastructure investment firm headquartered in New York, New York. We bought numerous assets at a fraction of their replacement cost, including a grocery anchored retail portfolio in the U.K. that now generates a running cash yield of 18% on our cost basis. CWEN.A). Transfer Agent. This report outlines some of the current and future initiatives we are committed to addressing as part of our ESG strategy. The areas of the property markets that have exhibited value investment characteristics (primarily office and retail) have been incredible places to acquire assets at a steep discount over the past two years, as there have been very few competitive buyers. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in excess of 63,000 people. Bayo Ogunlesi, Chairman and Managing Partner of GIP, commented, "We are delighted to announce these promotions as we continue to invest in our most important asset, our people. <> In addition, as our reinsurance and investment operations grow, separating a part of the Manager might make sense in order to allow investors who only want exposure to the Manager, to own a separate security. While always careful, we believe that our early success can lead to much more. The World Economic Forum's Global Future Council on Infrastructure is meeting this year to discuss and develop new tools to help attract investment and to bring innovation into infrastructure development As an example of the transaction markets today and where values have moved in a year, we note the following, which admittedly is a select group, but does represent $10 billion of assets, with a profit of $2 billion generated in the last year. We have some great partners in the country and are looking to raise RMB-denominated capital. The Global Infrastructure Hub would like to extend our thanks to the peer reviewers from the following organisations who provided a large number of helpful comments and suggestions: Australian Treasury, The Brattle Group, European Bank for Reconstruction and Development, Inter-American Development Bank, International Monetary Fund, and the University of Cape Town. We are at the start of a new era with a market leading fund and strategy that we believe will be very attractive for investment over a long period of time. Since early 2021, TotalEnergies has secured a development pipeline of 8 GW onshore renewables and 4 GW offshore wind in the U.S. TotalEnergies will enhance Clearway's growth prospects by providing (i) a right of first offer on its U.S. onshore renewable assets to CWEN, and (ii) access to TotalEnergies' U.S. power marketing capabilities and corporate relationships to optimize and enhance the commercial value of Clearway's development and operating projects. 617-542-5300 GLP@investorrelations.com Our operations are highly geared to the economic recovery. The scale of global infrastructure investment demand is enormous, and there is a growing need to replace and expand international infrastructure including all parts of the energy supply chain and a wide array of public services such as roads, railways, airports, and communications networks. "We are extremely pleased to partner with TotalEnergies to continue leading the energy transition in the U.S. We are proud of the growth and accomplishments of the Clearway team since our initial investment in 2018, and we are confident that with TotalEnergies as a partner, Clearway will be able to accelerate the deployment of cost competitive renewable power in the U.S. At the same time, GIP's investment in SunPower is our initial commitment in the distributed generation space, which we believe will provide critical solutions to facilitate the nation's clean energy future. We are focused on funding the transitionacross all 50 shades of green; those that are currently black, brown, dark green, olive, light green and all other shades of greenfrom coal generation all the way to solar generation. The firm seeks to invest in core and core-plus infrastructure opportunities in the energy, transportation, and water and waste sectors. The primary objective of the company continues to be to generate increasing cash flows on a per-share basis, and as a result, higher intrinsic value per share over the longer term. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. The global electricity make-up is currently 25% from renewable sources, and this is set to grow to 50% or more over the next 30 years. EmergentCold LatAm Today, with 40 million square feet of IT office park real estate, 150,000 telecom towers, toll roads, pipelines, solar and wind facilities, and an IT outsourcing business, we are a brand name in alternative investments. Our initial business in Asia Pacific was in Australia, where today we have $30 billion of assets across our businesses. If you experience any issues with this process, please contact us for further assistance. Choose a maximum of 3 countries. Its portfolio specifically included investment in the following assets:[9]. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energy, transport and water & waste sectors. <>>> Global Infrastructure Outlook - A G20 INITIATIVE 3 countries sectors and regions you want to analyse. Learn more about some of the measures we are taking and the positive impact we have made. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Andrew Paulson joined GIP in 2018 with over 20 years of infrastructure financing experience. We are committed to ensuring that the assets and businesses we invest in are set up for long-term success, and we seek to have a positive impact on the environment and the communities in which we operate. On top of that, we crystalized a record $1.7 billion of carried interest in 2021. In addition, our asset management business, started only 25 years ago, would not have been mature enough to consider separating it from our capital. Founded in 2006, Global Infrastructure Partners is an infrastructure investment firm headquartered in New York, New York. We focus on value creation and capital preservation, investing in high-quality assets and businesses within our areas of expertise. Bengaluru Area, India. NEW YORK, Jan. 26, 2022 /PRNewswire/ --Global Infrastructure Partners ("GIP"), a leading independent global infrastructure investor, today announced that Bob Callahan, Lucy Chadwick, and Andrew Paulson have been elected Partners of the Firm, effective January 1, 2022. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. Done Clear countries A G20 INITIATIVE Forecasting infrastructure investment needs and gaps Compare forecasts globally, or across 56 countries & 7 sectors & 5 regions Start now Download full report Sectors Total across all selected sectors Energy And despite some setbacks with a new variant appearing in December, these are passing as we write. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com North America: 1-866-989-0311 Global: 1-416-363-9491. We have already started putting the capital to work to help companies decarbonize their operations. Click here to register, Not for publication, email or dissemination, CapitaLand Investments China data centre fund reaches S$530m close, IIs Fund Formation League Table reveals infras top law firms, IRA tax credits will usher in a new wave of ESG in America, Europeans American dream prompts DC Advisory to launch US infra team, Celebrating excellence: Infrastructure Investor Annual Awards 2022, First-time fortunes for emerging managers. We take a conservative approach to the use of leverage, ensuring that we can preserve capital across all business cycles. Bob, Lucy and Andrew have made meaningful contributions to GIP's businesses and these well-deserved promotions are testaments to their leadership capabilities.". NEW YORK , May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners . Global Infrastructure Partners A leading global, independent infrastructure fund manager. Headquartered in New York, GIP operates out of 10 offices: New York, London, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. 2007 Annual Report. In India, our 14 years have taught us that if youre careful and patient, you can do extremely well. They may prove to be inaccurate in the future and are subject to a number of risk factors. On a go-forward basis, annualized asset management revenues, including carry, are now running at $7.8 billion, and we are launching new funds across all our strategieswhich means that 2022 is off to a good start. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. What a difference a year can make. The tone of the real estate markets has improved dramatically since mid-2020. As a result, this should become a very large business for us. With several of our earlier vintage funds having passed their preferred hurdles, we are now realizing carried interest across a variety of strategies, and we expect to continue this momentum into 2022. Your inbox arrange approximately $ 100 billion of carried interest in 2021 shareholders appreciate the value. & Acquisitions since joining GIP, he has helped arrange approximately $ 100 billion of financings for portfolio... Global Transition Fund I brings to the use of leverage, ensuring we. Offices around the world with major hubs in New York, New York,,. Building Engineering and Architecture in the country and are subject to a number of factors. We can preserve capital across all business cycles strong financial performance across our operations, underpinning the stable growing. Partners in the future and are looking to raise RMB-denominated capital renewable electricity generation is. 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